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China's top economic planner said Wednesday the government will ban the unauthorized collection of kindergarten fees, its latest bid to crack down on the excessively high costs of preschool education.
The growth of China's non-manufacturing sector saw a dramatic rebound in December, as indicated by a rise in the Purchasing Managers Index (PMI), according to the China Federation of Logistics and Purchasing (CFLP).
China's building materials showed different momentum of growth in November 2011, with a slowing cement output growth and a speeding plate glass, according to latest statistics from the country's top economic planner.
China's crude steel output posted its first yearly decline in November 2011 to 49.88 million tons, according to latest data provided by the country's top economic planner.
Shortages of diesel fuel have become a chronic winter annoyance that now hit China's center, east, south and southwest.
By 2015, 120 to 150 companies in the entertainment and media sectors might seek IPOs, propelled by the development of the cultural industry in China, said Chen Shaofeng, vice-dean of the Institute for Cultural Industries at Peking University.
Growth of China's textile industry slowed in the first 11 months of 2011, with textile enterprises posting a combined industrial output value of 4.95 trillion yuan ($785.6 billion) in the period, according to latest statistics from the country's top economic planner.
To compete with foreign rivals, Chinese cultural businesses should both become stronger and adapt to the international culture market, according to a senior cultural official.
China will face further power shortages this year and coal prices will likely rebound after government-mandated controls expire, according to company officials and analysts.
Risk control is expected to be a chief topic during the approaching two-day National Financial Work Conference, and a new financial State-owned assets regulator is expected to serve that purpose, analysts said.
China has made substantial progress in boosting its burgeoning offshore wind power by launching its largest intertidal wind farm at the end of 2011.
More than 3,000 orphans from South China's island province of Hainan have received insurance contracts to cover the treatment of 12 critical illnesses, a charity foundation said Tuesday.
